Sullivan v. Fairfield County Trust Co.

This appeal involves a claim by the plaintiff, the Tax Commissioner of the state of Connecticut, that a tax is due and owing on an inter vivos trust indenture executed on March 10, 1941, by the decedent, Mrs. Nancy Sayles Day, late of Cornwall, Connecticut, who died on October 23, 1964.

The precise question presented in this appeal is the applicability to the 1941 trust of the so-called “offset provision” of subdivision (f) of § 395e of Cum. Sup. 1939, now appearing, without material change, in § 12-341b of the General Statutes (Rev. to 1964). This offset provision has previously been…